BERKELEY ENERGIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BKY
ISIN:	AU000000BKY0

BERKELEY ENERGIA - Daily - Technical analysis published on 05/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.2316 EUR

My targets

0.2525 EUR (+2.43%)

0.2827 EUR (+14.67%)

My analysis

The bullish trend is currently very strong on BERKELEY ENERGIA. As long as the price remains above the support at 0.2316 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.2525 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.2827 EUR as an objective. Crossing it would then enable buyers to target 0.3040 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BERKELEY ENERGIA rating 0.2465 EUR. The price registered an increase of +4.89% on the session and was between 0.2380 EUR and 0.2500 EUR. This implies that the price is at +3.57% from its lowest and at -1.40% from its highest.

0.2380

0.2500

0.2465

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BERKELEY ENERGIA chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1794	0.2105	0.2316	0.2465	0.2525	0.3040	0.4027
Change (%)	-27.22%	-14.60%	-6.04%	-	+2.43%	+23.33%	+63.37%
Change	-0.0671	-0.0360	-0.0149	-	+0.0060	+0.0575	+0.1562
Level	Intermediate	Major	Minor	-	Intermediate	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2303	0.2327	0.2338	0.2362	0.2373	0.2397	0.2408
Camarilla	0.2340	0.2344	0.2347	0.2350	0.2353	0.2356	0.2360
Woodie	0.2298	0.2324	0.2333	0.2359	0.2368	0.2394	0.2403
Fibonacci	0.2327	0.2340	0.2348	0.2362	0.2375	0.2383	0.2397

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1978	0.2127	0.2263	0.2412	0.2548	0.2697	0.2833
Camarilla	0.2322	0.2348	0.2374	0.2400	0.2426	0.2452	0.2478
Woodie	0.1973	0.2124	0.2258	0.2409	0.2543	0.2694	0.2828
Fibonacci	0.2127	0.2236	0.2303	0.2412	0.2521	0.2588	0.2697

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1633	0.1867	0.2113	0.2347	0.2593	0.2827	0.3073
Camarilla	0.2228	0.2272	0.2316	0.2360	0.2404	0.2448	0.2492
Woodie	0.1640	0.1870	0.2120	0.2350	0.2600	0.2830	0.3080
Fibonacci	0.1867	0.2050	0.2163	0.2347	0.2530	0.2643	0.2827

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.75
MACD (12,26,9):	0.0028
Directional Movement:	12.9027
AROON (14):	50.0000
DEMA (21):	0.2398
Parabolic SAR (0,02-0,02-0,2):	0.2336
Elder Ray (13):	0.0057
Super Trend (3,10):	0.2186
Zig ZAG (10):	0.2460
VORTEX (21):	1.0526
Stochastique (14,3,5):	52.78
TEMA (21):	0.2423
Williams %R (14):	-27.78
Chande Momentum Oscillator (20):	0.0125
Repulse (5,40,3):	1.0536
ROCnROLL:	1
TRIX (15,9):	0.1188
Courbe Coppock:	11.48

MA7:	0.2411
MA20:	0.2350
MA50:	0.2320
MA100:	0.2333
MAexp7:	0.2403
MAexp20:	0.2367
MAexp50:	0.2339
MAexp100:	0.2299
Price / MA7:	+2.24%
Price / MA20:	+4.89%
Price / MA50:	+6.25%
Price / MA100:	+5.66%
Price / MAexp7:	+2.58%
Price / MAexp20:	+4.14%
Price / MAexp50:	+5.39%
Price / MAexp100:	+7.22%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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